Mandating more frequent super payments in the May Budget would end Australia’s multi-billion-dollar unpaid super rip off while potentially also boosting investment returns for millions of workers who get all their legal entitlements, new analysis shows.
Australia's peak body for low-income households has welcomed Labor's $350 million plan to boost affordable homes, despite the Greens labelling it "a complete joke" and a "con job".
New Industry Super Australia analysis has revealed that 850,000 members who failed to leave their dud super product that failed a performance test, lost $1.6 billion in just 12 months.
New data suggests Australian women's long-term prosperity is at risk as they emerge from the pandemic having suffered greater financial loss than men, which may be having an impact on their ability to invest to safeguard their financial future.
As the Jobs and Skills Summit kicks off a new White Paper on Employment, a new report is calling for more focus on engaging excluded women from the labour market, particularly those in the 45-55 age bracket.
National NDIS and aged care at home support platform Mable is preparing to be the first platform of its kind to enable superannuation contributions, while strengthening other protections for its marketplace of more than 11,000 sole traders and small businesses.
More employers need to commit to eliminating the gender pay gap, which longer term leads to a significant difference in superannuation balances, despite women having attained higher education levels, Kris Grant, CEO of management consultancy ASPL Group, says.
Prominent industry groups have joined HESTA in backing the intention for super to be paid on Commonwealth Paid Parental Leave, with new HESTA data revealing the impact this key reform could have on its members’ retirement balances.
Many Australians are grossly misjudging how much they need in their reserve to retire, which is likely causing additional – and perhaps unnecessary – stress.
The new financial year will come with added government supports for the country’s lowest paid workers, inflation-levelling 5.2 per cent pay increase and scrapped super threshold. Aged care providers. in contrast, are lamenting that they have been left behind. BIANCA ROBERTS reports.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
